Karachi: Tri-Pack Films Ltd (TRIPF) saw its shares being traded at Rs. 124.80, while the daily weighted average rate was slightly higher at Rs. 125.37. The company, with a paid-up capital of Rs. 388.00 million, has been progressive in its distribution...
Read More »ABL Financial Planning Fund Declines to Announce Distributions for 2023
Karachi: The ABL Financial Planning Fund, encompassing different allocation plans, has not announced any distributions for the year ending in June 2023. The ABL Active Allocation Plan listed an offer price of Rs. 82.75 and a redemption price of Rs. 80...
Read More »Pak Suzuki Motor Co. Ltd. Resumes Dividend After a Gap Year
Karachi: Pak Suzuki Motor Co. Ltd. (PSMC) declared a dividend of 65% for the year ending in December 2023, after reporting no dividend in the previous year. The company's share price remained stable at Rs. 456.29. Pak Suzuki, with a paid-up capital of...
Read More »K-Electric Limited Issues Sukuk Valued at Rs. 6.7 Billion
Karachi: K-Electric Limited has made an entry into the debt market by issuing a Sukuk, KELSC6, with a tenure of 7 years, carrying a profit rate pegged to 3M KIBOR + 1.7%. The power sector company has raised a sum of Rs. 6,700,000,000 through this issu...
Read More »Summit Bank Limited Announces 7-Year TFC at 6M KIBOR+3.25%
Karachi: Summit Bank Limited has released a 7-year Term Finance Certificate (TFC) into the market, with a standard lot size of 1 and a face value of Rs. 5,000. This security offers a profit rate that is the sum of the 6-month KIBOR and an additional 3...
Read More »JS Bank Limited Releases Perpetual Tier-I TFC at 6M KIBOR+2.25%
Karachi: JS Bank Limited has announced its perpetual Tier-I TFC issuance, priced at Rs. 100,000 per certificate. The profit rate is fixed at the 6-month KIBOR with an added 2.25%. The bank has successfully issued TFCs valued at Rs. 2.5 billion, which ...
Read More »Pakistan Aluminium Beverage Cans Ltd Delivers Strong Dividend Payout
Karachi: Pakistan Aluminium Beverage Cans Ltd, listed as PABC, closed at Rs. 61.83, with a daily weighted average rate of Rs. 61.08. The company boasts a significant paid-up capital of Rs. 3,611.08 million. It announced a 15% dividend for 2021 and a s...
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